Bearish flow noted in AngloGold with 3,809 puts trading, or 10x expected. Most active are May-23 26 puts and May-23 25 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 8.45, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 8th.
Published first on TheFly
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